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- Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according to a new IEA report released today.
www.iea.org/news/growth-in-global-oil-demand-is-set-to-slow-significantly-by-2028Growth in global oil demand is set to slow significantly by 2028
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Jun 14, 2023 · Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according to a new IEA report released today.
- Slowing demand growth and surging supply put global oil ...
New IEA medium-term outlook sees comfortably supplied oil...
- Slowing demand growth and surging supply put global oil ...
2 days ago · The poll of 40 analysts and economists conducted in the past two weeks projected Brent crude would average $80.55 per barrel this year and $76.61 in 2025, down from estimates of $81.52 and $76.94 ...
Jun 12, 2024 · New IEA medium-term outlook sees comfortably supplied oil markets to 2030, though unwavering focus on energy security will remain crucial as powerful forces transform sector. Growth in the world’s demand for oil is expected to slow in the coming years as energy transitions advance.
Jun 14, 2023 · World demand for oil is likely to drop off sharply over the next five years, the International Energy Agency said Wednesday, as a shift to electric vehicles and other cleaner technologies...
Sep 12, 2024 · Global demand rose by 800 000 b/d, or 0.8%, year‑on‑year during the first half of the year. The recent downturn in China has been even more acute than expected, with oil demand in July declining year‑on‑year for a fourth consecutive month. At the same time, growth outside of China is tepid at best.
Jan 18, 2024 · Global oil-demand growth slowed significantly at the end of last year and is expected to weaken further, marking a return to prepandemic trends, according to the International Energy Agency.
Sep 12, 2024 · Global oil demand growth is “slowing sharply” as China’s economy cools, pushing prices to a three-year low, the International Energy Agency said. World consumption increased by 800,000 ...